Brokerages Set Constellation Software Inc. (TSE:CSU) Target Price at C$4,334.28

Shares of Constellation Software Inc. (TSE:CSU) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$4,334.28.

CSU has been the topic of a number of research analyst reports. Royal Bank of Canada set a C$5.70 target price on shares of Constellation Software and gave the stock an “outperform” rating in a research note on Friday, March 21st. BMO Capital Markets raised their price objective on Constellation Software from C$4,900.00 to C$5,500.00 in a report on Monday, March 10th. Raymond James upped their target price on Constellation Software from C$4,550.00 to C$5,250.00 in a report on Monday, March 10th. Finally, CIBC raised their price target on Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th.

Constellation Software Stock Up 3.0 %

TSE CSU opened at C$4,740.00 on Friday. Constellation Software has a 52 week low of C$3,535.00 and a 52 week high of C$5,040.00. The firm has a market capitalization of C$71.63 billion, a price-to-earnings ratio of 112.63, a PEG ratio of 2.95 and a beta of 0.81. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. The company has a fifty day moving average of C$4,788.48 and a two-hundred day moving average of C$4,566.60.

Constellation Software Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.08%. The ex-dividend date is Friday, March 28th. Constellation Software’s payout ratio is 13.02%.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.